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Proposal to delist Medi-Flex; Q4 profit rises 60%
Published Fri, Oct 11, 2013 · 10:00 PM
Singapore
TOP Glove Sdn Bhd, the parent company of Medi-Flex, is seeking voluntary delisting of the Catalist-listed maker of rubber gloves.
A joint announcement yesterday said Top Glove will be making an exit offer of 15 cents per share for the remaining shares it does not own.
For the fiscal fourth quarter, Medi-Flex reported a 60 per cent year-on-year increase in net profit to RM10.6 million (S$4.1 million) on fal…
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